Must be pretty bad to go under while gun sales are at an all time high.

"Firearms manufacturer Remington Arms Co. is preparing to file for chapter 11 protection for the second time since 2018 and is in advanced talks for potential bankruptcy sale to the Navajo Nation...."

https://www.msn.com/en-us/money/com...-seeks-sale-to-navajo-nation/ar-BB160Dmj

The biggest shareholders forced the sale and bankruptcy of Remington to turn a big profit fast, and left them holding the debt. I am not 100% certain but I would not be suprized if it had something to do with Paul Singer, who basically did it to Cabela's.

Remington have been digging in deep and doing everything they can to remain in business ever since. And whether they are primarily profit driven, or not, as far as I know there is not another gun maker that is as involved in conservation efforts, who also is creating American jobs and offering American made rifles.

And the guns are really not poor quality as some have said. Stop comparing the 783, ADL, or SPS to Tikka. It's not apples to apples.

Instead, pick up a CDL and look it over, work the action, see what you get for $800-$900. Nice walnut, nice steel sights, etc.

I am not a fan boy by any means, I have owned altogether in my lifetime maybe two Remington rifles, and have bought and sold dozens of others over the years.

I think we may be selling them short. I hope that they can strike a deal with the Navajo and that Remington and the Navajo will prosper.

This is the hole they have dug, they can lie in it.

Think bigger. Competition in the market place is a success to consumers, with that said, we cant stand to loose to the litigation and pac support of Remington.

This may be the move that brings them back, who knows, but I let’s not root against them and their employees that are just like you and I

Hedge funds generally do not make good stewards of most businesses they acquire. Going after the quick buck rather than the long term appreciation. The brand usually winds up a casualty.

A Tikka shoots better and don’t they cost less? How is that not a fair comparison? Remington has been making junk for years. I do believe that a second bankruptcy kind of proves that.

As is often the case, employees are most likely not the problem. Those of them that are just like you and I, are probably doing a job trying to make a living. The suits f-ed this all up, is my bet. Old hand that knows what he's doing tells his manager the new policy is going to cause trouble, manager passes it to upper management, which passes it to board of directors. Board of directors says "no it won't, follow the new policy". Bet, that scenario has played out on a monthly basis for many years, especially the last ten. Board messed up, everyone has to pay the price. Just like Congress and Senate. The rest of us pay the price for the mistakes of those at the top. Hopefully the old hand that knows what he's doing can find employment elsewhere, with the skills he has.

But bottom line, the last decade, anything with the word Remington on it, and I did not affiliate that with quality. People speak with their wallet, and that has caused bankruptcy. Is Sako/Tikka doing bad? Is Ruger doing bad? Is Savage, Winchester?

Well worth a few more dollars to have something that actually shoots, I’d say.

Think bigger. Competition in the market place is a success to consumers, with that said, we cant stand to loose to the litigation and pac support of Remington.

This may be the move that brings them back, who knows, but I let’s not root against them and their employees that are just like you and I

As is often the case, employees are most likely not the problem. Those of them that are just like you and I, are probably doing a job trying to make a living. The suits f-ed this all up, is my bet. Old hand that knows what he's doing tells his manager the new policy is going to cause trouble, manager passes it to upper management, which passes it to board of directors. Board of directors says "no it won't, follow the new policy". Bet, that scenario has played out on a monthly basis for many years, especially the last ten. Board messed up, everyone has to pay the price. Just like Congress and Senate. The rest of us pay the price for the mistakes of those at the top. Hopefully the old hand that knows what he's doing can find employment elsewhere, with the skills he has.

But bottom line, the last decade, anything with the word Remington on it, and I did not affiliate that with quality. People speak with their wallet, and that has caused bankruptcy. Is Sako/Tikka doing bad? Is Ruger doing bad? Is Savage, Winchester?

Well worth a few more dollars to have something that actually shoots, I’d say.

If Remington is sold to the Navajo Nation, which cannot be held liable for their product, What level of product quality do you think they will produce?

Bottom line is we don’t need another USA company going under; it’s never good.

Remington has been left behind. When your competition can offer sub MOA rifles at half the cost of a no accuracy guarantee Remington something is wrong with your company. I remember someone on this forum bought a brand new Remington and the best he could do is about a 5" pattern with it. He said he emailed Remington about it and they said that was considered within tolerance or something to that effect. I assume he has no reason to lie.

Remington had a good run but the last 20 years has been rough. I now consider them the Evinrude of the gun world.

I think I remember that rifle, If I remember correctly he replaced it with a Tikka

I have seen some bad things from Remington worst wa a barrel with no rifling. Another was one I bought that had a macing gash and burr on th bolt face that made it impossible to chamber a round which was the last Remington I bought and that was almost 20 years ago. .